November 2018 — Topical news of the United Arab Emirates

November 5, 2018 no comments 1499
An equity stake of 15% in Dubai-based Neo Technologies DUBAI- DWS Group , Deutsche Bank's DBKGn.DE asset manager, has entered into a binding agreement to acquire an equity stake of 15 percent in Dubai-based Neo Technologies, the companies said on Sunday. The deal comes as Dubai...

November 4, 2018 no comments 1519
Dubai Land Department says real estate brokers contributed to concluding 18,121 transactions in the first nine months of 2018 Dubai Land Department (DLD) on Saturday announced that the real estate brokerages made commissions totalling AED842 million ($229 million) in the first nine...

November 4, 2018 no comments 1546
Real estate giant releases Expo Golf Villas as demand grows for homes located near Expo 2020 venue Emaar has announced the limited release of Expo Golf Villas amid growing demand for homes near the Expo 2020 Dubai site. With prices starting at AED999,888 for a three-bedroom...

November 4, 2018 no comments 1521
Dubai theme park says visitor numbers are up by a third on the first nine months of 2017 DXB Entertainments has announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, attracted over 1.96 million visits during the first nine months of 2018, an...

November 4, 2018 no comments 1513
Al-Futtaim's latest shopping destination under construction in Jebel Ali has announced that Lulu will be its hypermarket of choice. Festival Plaza, Al-Futtaim’s latest shopping destination under construction in Jebel Ali, has announced that Lulu will be the centre’s hypermarket of...

November 4, 2018 no comments 1495
Senior Ripple executive says Middle East is important as a new market for the company Ripple, the company behind XRP, the third largest crypto currency in the world, is reportedly planning to open a new office in Dubai. Dilip Rao, Ripple’s global head of infrastructure innovation,...

November 4, 2018 no comments 1502
Dubai's DEWA amends plan to add further 250MW of photovoltaic solar panels to the Mohammed bin Rashid Al Maktoum Solar Park Dubai Electricity and Water Authority (DEWA) on Saturday announced plans to expand the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The...

November 4, 2018 no comments 1418
Diversifying into different sectors with quality products is the way forward to stay afloat, real estate experts and developers said Diversifying into different sectors with quality products is the way forward to stay afloat, real estate experts and developers said during the 10th...

November 4, 2018 no comments 1436
The contract provides for NPCC to build facilities to reduce crude salinity at four oil gathering stations operated by Kuwait Oil DUBAI - Abu Dhabi's National Petroleum Construction Co. (NPCC) said on Saturday it had won a $231 million construction contract from Kuwait...

November 3, 2018 no comments 1655
The Sharjah Chamber of Commerce and Industry (SCCI) has announced that the volume of investment of Indian economic enterprises in Sharjah has reached Dh12 billion ($3.26 billion) in 2017, a media report said. The figures are based on the certificates of origin that are issued by the...

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